Beowulf Mining SDB

Beowulf Mining plc announced that the last day for trading in Paid Subscribed SDRs related to their SDR Rights Issue is 21 May 2025. After this date, these SDRs will automatically convert into New SDRs, expected to be available in VPC accounts around 26 May 2025. Additionally, Beowulf has applied for the admission of new ordinary shares to be traded on AIM around 22 May 2025. Following this admission, the company's total ordinary shares will be 59,657,866. This number will help shareholders determine their reporting obligations under FCA rules. The announcement also includes a cautionary statement about forward-looking information, highlighting potential risks and uncertainties that could affect the company's future performance.

Beowulf Mining Plc and its Finnish subsidiary, Grafintec Oy, announced the completion of a Pre-Feasibility Study (PFS) for their Graphite Anode Materials Plant (GAMP), highlighting its potential as a cost-effective, high-margin producer for the European lithium-ion battery sector. The study revealed promising economics, with plans to initially produce 25,000 tonnes of Coated Spherical Purified Graphite (CSPG) annually, scaling to 75,000 tonnes in Phase 2. The project benefits from Finland's renewable energy, skilled workforce, and proximity to European markets. The PFS indicated a post-tax NPV8 of €924 million for Phase 1 and €2.2 billion for Phase 2, with significant free cash flow and EBITDA projections. Grafintec's process is environmentally sustainable, using readily available reagents and recycling significant proportions, reducing costs and environmental impact. Grafintec plans to secure a long-term site in Finland and apply for strategic project status to access public support. The company is also exploring partnerships and further process optimizations to enhance production and sustainability. Grafintec holds significant graphite resources in Europe, which could bolster supply security and long-term value. The company is committed to environmental responsibility and innovation, aiming to expand its reach into high-value markets, including potential applications in the defense industry.

Beowulf Mining Plc, through its subsidiary Jokkmokk Iron Mines AB, has provided an update on the Kallak Iron Ore Project in Sweden. Over the past 18 months, efforts have focused on reducing risks in areas such as stakeholder engagement and environmental work to prepare for a permit application. The project is located in a region important for Sámi communities and hydropower production. It holds one of Europe's largest untapped iron ore deposits, which could contribute to green steel production. A new team, led by CEO Ed Bowie and project director Dmytro Siergieiev, has been assembled to advance the project. Community relations are a priority, with ongoing dialogue with local stakeholders to address concerns and minimize impacts. Technical progress includes successful metallurgical testing and infrastructure design for ore processing. The preferred transport solution involves a pipeline for moving magnetite concentrate, minimizing environmental impact. Environmental permitting is underway, with assessments covering various impacts. The project is strategically located near established iron ore and steel operations, with plans to transport concentrate to the port of Narvik. The focus is on submitting the environmental permit application and completing a Pre-Feasibility Study (PFS). Further studies are needed to confirm the viability of the pipeline option. The project aims to produce a high-grade concentrate to support steel industry decarbonization while preserving local communities and nature.

Beowulf Mining plc announced the results of its Capital Raise, which included a conditional placing, a rights issue of Swedish Depository Receipts (SDRs), and a retail offer in the UK. The Capital Raise, completed on 5 May 2025, generated gross proceeds of approximately SEK 28.1 million (around £2.2 million) and net proceeds of about SEK 23.5 million (£1.8 million). The funds will be used to further develop the Kallak Iron Ore Project and the Graphite Anode Materials Plant, repay a bridge loan, and for general corporate purposes. The Capital Raise provides funding until early 2026, and the company is exploring additional funding opportunities. The rights issue raised approximately SEK 14.9 million (£1.2 million), with 93% subscribed through subscription rights. The UK issue, including the WRAP Retail Offer, raised £1.0 million (SEK 12.7 million). Beowulf's board and senior management participated in the Capital Raise, subscribing for SEK 2.15 million (£169,000). The new Ordinary Shares and SDRs will be admitted to trading on AIM and in Sweden, respectively, with specific dates provided for the commencement of dealings. The announcement contains forward-looking statements subject to risks and uncertainties, and Beowulf does not commit to updating these statements immediately.

Beowulf Mining Plc, a European mineral exploration and development company, announced that its CEO, Ed Bowie, will host a live presentation and Q&A session on April 28, 2025, at 10:00 BST. This event will be available on the Investor Meet Company platform and is open to both current and potential shareholders. Questions for the session can be submitted in advance or during the live event. Interested investors can register for free on the platform to attend. Existing followers of Beowulf Mining on the platform will receive automatic invitations. The document also includes contact information for Beowulf Mining and its advisers, along with a cautionary statement about forward-looking statements related to the company's future performance, which are subject to various risks and uncertainties.

Beowulf Mining plc has announced the start of a subscription period for a rights issue of up to 27,279,854 Swedish Depository Receipts (SDRs), beginning on 16 April 2025 and ending on 5 May 2025. The rights issue aims to raise approximately SEK 38.2 million at a price of SEK 1.40 per SDR. This is part of a larger capital raising effort that includes a UK issue, potentially bringing the total raised to SEK 59.1 million. The rights issue offers preferential rights to existing SDR holders, allowing them to subscribe for new SDRs based on their current holdings. Beowulf has secured underwriting commitments from Nordic investors for 40% of the issue. Trading in subscription rights and paid subscribed SDRs will occur on Spotlight. The company has engaged Evli Plc, Advokatfirman Lidström & Co AB, and Aqurat Fondkommission AB as advisers for this process. The announcement includes a cautionary note regarding forward-looking statements, highlighting potential risks and uncertainties that could affect future performance.

Beowulf Mining plc has announced a retail offer to raise up to £738,027 through the issuance of new ordinary shares via the Winterflood Retail Access Platform (WRAP). This is part of a broader capital raise effort, including a rights issue and a placing, aiming to gather approximately £4.6 million in total. The retail offer is open to eligible UK investors, with a minimum subscription of £100. The offer closes on 2 May 2025, with results expected on or around 8 May 2025. The shares will begin trading on AIM on 22 May 2025. The announcement also emphasizes that investing in the company carries risks, and investors may lose their entire investment.

Beowulf Mining plc has announced the publication of its Prospectus for a rights issue of Swedish Depository Receipts, approved by the Swedish Financial Supervisory Authority. The Prospectus is available in Swedish on Beowulf's website and other specified platforms. The company has engaged Evli Plc as its Swedish financial adviser, Advokatfirman Lidström & Co AB as legal advisor, and Aqurat Fondkommission AB as issuing agent. The announcement contains forward-looking statements about Beowulf's future performance, which are based on current expectations and are subject to various risks and uncertainties. The company does not commit to updating these statements immediately.

Beowulf Mining plc released an unaudited statement of its financial position as of the end of February 2025. The company is preparing to publish a prospectus for its ongoing capital raise and rights issue announced on April 4, 2025. Key financial figures include total current liabilities of £22,141, long-term liabilities of £10,700, and total equity of £17,210,227. The company's assets comprise non-current assets worth £17,267,661 and current assets of £528,775, totaling £17,796,436. The statement also highlights a net debt of £-260,580, with cash and cash equivalents amounting to £293,421. The document includes a cautionary statement regarding forward-looking information, noting that actual results may differ due to various risks and uncertainties.

Beowulf Mining Plc meddelar att de resolutioner som lades fram vid bolagets generalförsamling idag har godkänts genom omröstning. Resolution 1, ett vanligt beslut om att ge styrelsen befogenhet att emittera aktier, godkändes med 93,60% röster för och 6,40% emot. Resolution 2, ett särskilt beslut om att avstå från lagstadgade företrädesrättigheter, godkändes med 92,61% röster för och 7,39% emot. Det fanns 38,844,790 utestående stamaktier den 8 april 2025, och aktieägare har en röst per aktie. Röster som avstod räknas inte som giltiga röster. Mer information finns i kallelsen till årsstämman på företagets webbplats.